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201703 Jan

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Ford India closed the year 2016 with an encouraging 34 percent growth in combined domestic wholesales and exports. Combined domestic wholesales and exports in 2016 stood at 238,098 vehicles compared to 176,858 units in 2015. Domestic wholesales in the year reached 86,460 vehicles compared to 77,715 while exports rose to 151,638 vehicles from 99,143 units for the same period.

 

“2016 has been a year of growth for Ford in India. Our Growth 2.0 strategy focused on product led innovation, delivering differentiated customer experience and busting the myth of COO is paying dividends. This is evidenced by the fact that we grew both in Dec and in FY 2016 faster than the industry,” said Anurag Mehrotra, Executive Director, Marketing, Sales & Service, Ford India. “As we move in 2017, the industry does face some short-term headwinds given the uncertainty regarding the impact of demonetization and GST, while the medium to long term outlook continues to be positive.”

 

Midst drop in consumer spending and economic challenges posed by demonetization, the total vehicle sales for the month of December reached 23,470 from 10,865 vehicles last year. Domestic wholesales in December remained steady at 5,566 from 5,924 units a year ago, while exports grew to 17,904 compared to 4,941 units in December 2015.

 

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Latest Ford news


Ford India Sells 23,470 Cars in December; Records Double Digit Growth in 2016 Vehicle Sales

Ford India closed the year 2016 with an encouraging 34 percent growth in combined domestic wholesales and exports. Combined domestic wholesales and exports in 2016 stood at 238,098 vehicles compared to 176,858 units in 2015. Domestic wholesales in the year reached 86,460 vehicles compared to 77,715 while exports rose to 151,638 vehicles from 99,143 units for the same period.

Ford India Sales Reached 21,004 Vehicles In November

Ford India’s combined domestic wholesales and exports grew to 21,004 vehicles in November in comparison to 17,189 vehicles in November 2015.

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